In an attempt at an “amicable settlement”, Lalit Modi, son of the late industrialist K K Modi, on Thursday said “all family members are working on a solution to safeguard the interest of shareholders”.
He also reiterated that the group flagship, the tobacco company Godfrey Phillips India (GPI), was not fully conversant with the efforts of the Modi family on an “amicable solution to some issues that are in the process of discussion”.
The new move comes just days after Lalit Modi, through a series of tweets, had declared war on his family members, saying that all key assets of the K